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Property profile & analytics
OFF-MARKET
Commercial real estate

507 Smith St Grand Mound, IA 52751

Built 1972
Property ID
US25-1130407
Property summary
AI-generated overview

This exceptional commercial property at 507 & 509 Smith Street, Grand Mound, IA 52751, presents a unique investment opportunity. The 2,400 square foot lot features a single building constructed in 1972, currently housing a thriving local bar business. Adding to the income potential are two attached one-bedroom apartments, each generating $600 in monthly rent. The sale includes all existing business fixtures and equipment, offering a true turnkey operation for a new owner. The property benefits from recent updates to the plumbing and electrical systems, ensuring efficient and reliable operation. Located in Clinton County, Iowa, this property offers a blend of established business income and rental revenue streams. The asking price is $170,000. This is an ideal opportunity for an investor seeking a profitable, established business with immediate rental income. The property's location in Grand Mound provides access to a local customer base and potential for growth. All aspects of the business are included in the sale, making this a seamless transition for a new owner. Don't miss this chance to acquire a well-maintained, income-generating commercial property.

Property profile
Verified
Property type Commercial real estate
Year built 1972
UPID US25-1130407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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